Part-Time Re-employment Grant (PTRG)
Get up to $2,500 per senior worker to provide part-time re-employment, flexible work arrangements and structured career planning to senior workers.
What is Part-Time Re-employment Grant (PTRG)?
Did you know?
By MOM regulation, it is currently mandatory for all employers to continue offering employment to senior workers when they hit retirement age (currently 63), until the re-employment age (currently 68).
If your company commits to offering part-time work arrangements for senior workers after they hit retirement age (should they request for it) in addition to the below items, your company can receive $2,500 per senior worker.
- Adopt Tripartite Standard on Age-Friendly Workplace Practices
- Adopt Tripartite Standard on Flexible Work Arrangements
- Offer Flexible Work Arrangements (FWA) & Structured Career Planning (SCP) as part of your formal HR policy
- Send 1 senior management & 1 HR practitioner to attend a fully funded Structured Career Planning (SCP) workshop conducted by SNEF
Who is it for?
Employees age 60 and above (based on birth year):
Singaporean or PR
Full-time or part-time employees
Employed on a permanent basis OR minimum 12 months contract
Receives monthly CPF contributions
Please note that shareholders, directors or family member of shareholders & directors are not eligible
What is the funding amount?
Eligible companies can receive $2,500 per senior worker, up to $125,000 per company.
This grant is one-time per company, not one-time per senior worker. That means that if you hire more senior workers after applying for PTRG, you cannot apply again for your new senior workers.
Check Your Eligibility & Funding Amount
Frequently Asked Questions
As part of the PTRG programme, your company commits to offering part-time work arrangements for senior workers after they hit retirement age, only if they request for it.
If your senior workers would like to continue working full-time after they hit retirement age, you can continue employing them on a full-time basis.
Instead, your company will simply need to send Send 1 senior management & 1 HR practitioner to attend a fully funded Structured Career Planning (SCP) workshop conducted at SNEF HQ (Paya Lebar). You can choose a workshop date/time that suits your schedule.
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Find out your company’s eligibility & suitability for PTRG & other funding
Our team is trained to assess your eligibility for PTRG and various funding programmes, and will advise on your estimated funding amount and the application process.